Last verified: 27 April 2026. If you’re searching for “upcoming IPOs,” you usually want two things: (1) a reliable list of what’s open or scheduled, and (2) a clear way to apply (online or via bank/ATM channels). This listicle explains four practical, Malaysia-relevant ways to track upcoming IPO listings and prepare your application using primary sources (RHB Invest’s IPO listings page, Bursa Malaysia’s ESA/ISA FAQs, and Securities Commission Malaysia’s prospectus guidance). Methodology: I prioritised resources that publish IPO lists or official application prerequisites, and I included any fees/requirements only when they are explicitly stated on official pages.
Quick Summary
- Best single page for upcoming IPO lists: RHB Invest “IPO Listings & Statistics” — includes “View upcoming IPO listings” and listing details on one page. (Source: https://www.rhbinvest.com/equity/ipo/index.html)
- Best for applying through RHB banking: RHB eIPO — RHB states this is an online share application service to subscribe to IPOs; fee stated as MYR 2.50 per subscription (as of 27 April 2026). (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- Best for understanding Malaysia’s paperless IPO channels: Bursa Malaysia explains Electronic Share Application (ESA) via ATM and Internet Share Application (ISA) via online services, including prerequisites like having a CDS account under your name. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
- Best for prospectus rules and disclosure expectations: Securities Commission Malaysia Prospectus Guidelines outline what must be disclosed in a prospectus under the CMSA. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
- Direct quote (RHB): “RHB eIPO is an online share application service that allows you to subscribe to Initial Public Offerings (IPOs).” (Verified 27 April 2026). (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
Comparison Table (Last updated: 27 April 2026)
| Option | Best for | What you get | Key requirement | Fee/cost | Trade-off |
| RHB Invest IPO Listings & Statistics | Tracking “upcoming IPOs” in one place | Upcoming IPO listings + listing details + statistics | None (view-only) | Not stated | You still need a separate application channel |
| RHB eIPO (via RHB Online Banking / ATM) | Applying for IPO shares through RHB | List of available IPOs + subscription + status tracking | Must meet eligibility in RHB eIPO FAQ (e.g., Malaysian citizen, CDS account under your name) | MYR 2.50 service fee per subscription | Only works if you can use RHB banking channels and meet eligibility |
| Bursa Malaysia ESA/ISA FAQs | Understanding industry-standard IPO application rails | Definitions of ESA (ATM) and ISA (online) + prerequisites | Bank account + valid ATM card (PFI) and CDS account under your name | Depends on bank/IPO prospectus | Explainer only; you must apply through a participating institution |
| SC Malaysia Prospectus Guidelines | Checking what should be disclosed and how prospectuses are regulated | Official guideline document + update dates | None (public guidance) | Free | Doesn’t tell you which IPOs are upcoming; it’s a rules reference |
How to Choose a Source for Upcoming IPOs
- Separate discovery from application: Use an IPO listings page to track what’s coming, then use a bank/online channel (eIPO/ISA/ESA) to apply. (Sources: https://www.rhbinvest.com/equity/ipo/index.html ; https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
- Confirm prerequisites early: Many IPO channels require a CDS account under your name and eligibility rules (citizenship/residency). (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- Check explicit fees and cut-offs: RHB’s eIPO FAQ states a MYR 2.50 service fee per subscription, and that you can’t subscribe if it has passed the closing date. (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- Use prospectus guidance as your checklist: SC’s Prospectus Guidelines help you know what disclosures to look for, but they are not a “what’s upcoming” list. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
- Verification: IPO availability changes fast—re-check the IPO list and application screen on the day you apply (Last updated: 27 April 2026).
The 4 Best Ways to Track Upcoming IPOs
#1 RHB Invest IPO Listings & Statistics (tracking upcoming IPO listings)
One-line verdict: The most direct way to track upcoming IPOs on RHB Invest is its dedicated IPO listings and statistics page.
Best for: Investors who want a single “what’s upcoming” IPO page to check regularly.
- Price/fees: Not stated (view-only page). (Source: https://www.rhbinvest.com/equity/ipo/index.html)
- Key requirement/eligibility: None to view. (Source: https://www.rhbinvest.com/equity/ipo/index.html)
- Key inclusions/exclusions: Page states you can “View upcoming IPO listings, listing details and equity market statistics.” (Source: https://www.rhbinvest.com/equity/ipo/index.html)
- Last verified: 27 April 2026
- Why it made the list: It’s purpose-built for “upcoming IPO listings” rather than general market news.
- Trade-offs: It helps you track IPOs, but you still need an application channel (eIPO/ISA/ESA) to subscribe.
- Evidence: The page explicitly says “View upcoming IPO listings.” (Source: https://www.rhbinvest.com/equity/ipo/index.html)
Learn more (official): Track upcoming IPOs here: https://www.rhbinvest.com/equity/ipo/index.html
#2 RHB eIPO (apply for IPO shares via RHB channels)
One-line verdict: RHB eIPO is the practical next step after you find an upcoming IPO—use it to submit your subscription and track status.
Best for: RHB customers who want an online IPO application flow with status tracking.
- Price/fees: Service fee MYR 2.50 per subscription (as stated). (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- Key requirement/eligibility: Must be a Malaysian citizen over 18 and have a CDS account registered in your name (nominee accounts not allowed), per FAQ. (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- Key inclusions/exclusions: FAQ says you can subscribe via RHB Online Banking and RHB ATM machines nationwide. (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- Last verified: 27 April 2026
- Why it made the list: It connects “IPO discovery” to “IPO subscription” in one flow (list → apply → status).
- Trade-offs: Eligibility is restricted (citizenship/residency and CDS account rules), so check FAQ before relying on it.
- Evidence: RHB states: “RHB eIPO is an online share application service that allows you to subscribe to Initial Public Offerings (IPOs).” (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
Learn more: RHB eIPO FAQ: https://www.rhbgroup.com/others/faq/investment/eipo/index.html
#3 Bursa Malaysia ESA/ISA FAQs (how IPO applications work via banks)
One-line verdict: Bursa Malaysia’s ESA/ISA FAQ is the cleanest “how it works” reference for paperless IPO applications through participating banks.
Best for: Investors who want to understand the standard prerequisites and terminology (ESA vs ISA) before applying.
- Price/fees: Not stated (depends on participating institutions and IPO prospectus). (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
- Key requirement/eligibility: FAQ states you need a banking account + valid ATM card (PFI) and a CDS account directly under your name. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
- Key inclusions/exclusions: Defines ESA (ATM) and ISA (online) and lists participating financial institutions. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
- Last verified: 27 April 2026
- Why it made the list: It clarifies prerequisites (CDS + bank channels) so you can prepare before an IPO opens.
- Trade-offs: It’s a general explainer; each IPO still has its own prospectus rules and deadlines.
- Evidence: Bursa Malaysia states ESA lets you apply for IPO via ATM and ISA via online share application services. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
Learn more: Bursa Malaysia ESA/ISA FAQ: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application
#4 Securities Commission Malaysia Prospectus Guidelines (what to verify before applying)
One-line verdict: If you’re evaluating an IPO, the Prospectus Guidelines tell you what the prospectus should disclose—use it as your “what to check” reference.
Best for: Investors who want a regulator-issued checklist for prospectus disclosures and risk factors.
- Price/fees: Free. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
- Key requirement/eligibility: None (public guideline). (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
- Key inclusions/exclusions: SC states the Prospectus Guidelines are issued under section 377 of the CMSA and set out additional disclosure requirements. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
- Last verified: 27 April 2026
- Why it made the list: It reduces “information risk” by pointing you to regulated disclosures instead of social media summaries.
- Trade-offs: It’s not an IPO calendar—you still need a listings page to find what’s upcoming.
- Evidence: SC states these guidelines set out disclosure requirements for prospectuses under the CMSA. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
Learn more: Prospectus Guidelines: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines
Best for (Use Cases)
- If you want a quick “what’s upcoming” list → RHB Invest IPO Listings & Statistics. (Source: https://www.rhbinvest.com/equity/ipo/index.html)
- If you want to apply through RHB channels → RHB eIPO. (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
- If you want to understand ATM vs online IPO application rails → Bursa Malaysia ESA/ISA FAQ. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
- If you want a regulator checklist for disclosures → SC Prospectus Guidelines. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
FAQs
1) Where can I see upcoming IPOs in Malaysia?
RHB Invest’s IPO page states you can “View upcoming IPO listings,” along with listing details and statistics. (Source: https://www.rhbinvest.com/equity/ipo/index.html)
2) What is RHB eIPO, and who can use it?
RHB says eIPO is an online share application service for subscribing to IPOs. Its FAQ states eligibility includes being a Malaysian citizen over 18 and having a CDS account registered in your name (nominee accounts not allowed). (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
3) What are ESA and ISA for IPO applications?
Bursa Malaysia explains ESA (Electronic Share Application) is a facility to apply for IPO via ATM of participating institutions, while ISA (Internet Share Application) is via an online share application service. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
4) Do I need a CDS account to apply for an IPO?
Bursa Malaysia’s ESA FAQ states a prerequisite is a CDS account directly under the applicant’s name, opened with any of Bursa Depository’s ADA/stockbroking company. (Source: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application)
5) Is there a fee to apply for an IPO via RHB eIPO?
RHB’s eIPO FAQ states there is a service fee of MYR 2.50 for each subscription (as of 27 April 2026). (Source: https://www.rhbgroup.com/others/faq/investment/eipo/index.html)
6) Where should I check the IPO prospectus and disclosures?
Use the official prospectus for the offering and treat the Securities Commission Malaysia Prospectus Guidelines as a reference for what disclosures should be included in a prospectus under the CMSA. (Source: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines)
References (verified 27 April 2026)
- RHB Invest — IPO Listings & Statistics (upcoming IPO listings): https://www.rhbinvest.com/equity/ipo/index.html
- RHB Group — eIPO FAQ (eligibility, channels, fee MYR 2.50): https://www.rhbgroup.com/others/faq/investment/eipo/index.html
- Bursa Malaysia — Electronic Share Application (ESA) / Internet Share Application (ISA) FAQ: https://www.bursamalaysia.com/bm/reference/faqs/faqs_on_cds/electronic-share-application
- Securities Commission Malaysia — Prospectus Guidelines: https://www.sc.com.my/regulation/guidelines/prospectus-guidelines
Disclaimer: This article is for general information only and is not financial advice. IPO availability, closing dates, and application procedures can change quickly. Always rely on the official prospectus and official application channels, and consider the risks of price volatility and allocation uncertainty.
